WEEKLY MAG UPDATE 23/04/19 AND CHARITY ANNOUNCEMENT

April 23, 2019

April 23, 2019

Right now, due to our team size, we had to direct our focus into paying for the network upkeep costs and this means delay time on Magnet Marketplace. We are slowing down our development, but not stopping it, to cope better with the current market conditions. Marketplace was also pushed back on our roadmap. Anyone who wants to help out with covering the costs and speed up the development time, can do so here –https://magnetwork.io/donations/

CHARITY ANNOUNCEMENT

Currently all the swaps have been stopped since 03.03.19 and our team was talking about the leftover funds which are usually “burned”. This means funds are sent to an address nobody has access through private keys. We felt that innovating is a good way to approach this particular crypto tradition and decided to turn unused swap funds that are usually “burned” into a MAG Charity Fund. We will take a moment to think on the technical way to achieve this and we will talk on the subject more in the future weekly updates, so be sure to follow us on our socials channels!